About Lilt
Lilt is a company based in Palo Alto (United States) founded in 2015 by Spence Green.. Lilt has raised $163.57 million across 8 funding rounds from investors including Four Rivers Group, Sorenson Capital and Clear Ventures. Lilt offers products and services including AI Platform, Copilots & Agents, AI Expert, Human Verifiers, and Connect. Lilt operates in a competitive market with competitors including Synthesia, Reverie Language Technologies, Unbabel, Devnagri and Language I/O, among others.
- Headquarter Palo Alto, United States
- Founders Spence Green
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Lilt, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$163.57 M (USD)
in 8 rounds
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Latest Funding Round
$45.42 M (USD), Series C
Nov 15, 2024
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Investors
Four Rivers Group
& 10 more
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Employee Count
Employee Count
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Products & Services of Lilt
Lilt offers a comprehensive portfolio of products and services, including AI Platform, Copilots & Agents, AI Expert, Human Verifiers, and Connect. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for AI-based content translation and integration.
Tools for automated content handling and workflows.
Service combining AI with human experts for quality control.
Expert verification for high-consequence language tasks.
System connectors for seamless business integration.
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Funding Insights of Lilt
Lilt has successfully raised a total of $163.57M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $45.42 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series C — $45.4M
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First Round
First Round
(25 Mar 2015)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Series C - Lilt | Valuation |
investors |
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| Apr, 2022 | Amount | Series C - Lilt | Valuation | Four Rivers Group | |
| May, 2020 | Amount | Series B - Lilt | Valuation | Intel Education Accelerator |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Lilt
Lilt has secured backing from 11 investors, including venture fund investors. Prominent investors backing the company include Four Rivers Group, Sorenson Capital and Clear Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Tech focused expansion stage VC firm in the US
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Founded Year | Domain | Location | |
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Focus by Sorenson Capital is on software, healthcare, aerospace, energy.
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Founded Year | Domain | Location | |
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Tech focused early stage VC firm investing in the US, Europe, Asia
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lilt
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Lilt
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lilt Comparisons
Competitors of Lilt
Lilt operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Synthesia, Reverie Language Technologies, Unbabel, Devnagri and Language I/O, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based dubbing and subtitling solutions are provided for video content.
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| domain | founded_year | HQ Location |
AI-powered translation, localization, and voice solutions are provided.
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| domain | founded_year | HQ Location |
AI-based translation platform is provided for multilingual operations.
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| domain | founded_year | HQ Location |
An AI-powered platform for enterprise human translations is provided.
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| domain | founded_year | HQ Location |
Translation of support content is automated for customer service agents.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lilt
Frequently Asked Questions about Lilt
When was Lilt founded?
Lilt was founded in 2015.
Where is Lilt located?
Lilt is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of Lilt?
Spence Green is the current CEO of Lilt. They have also founded this company.
Is Lilt a funded company?
Lilt is a funded company, having raised a total of $163.57M across 8 funding rounds to date. The company's 1st funding round was a Series B of $25M, raised on Mar 25, 2015.
What does Lilt do?
Lilt was founded in 2015 and is headquartered in Palo Alto, United States. Operations focus on the language technology sector, where cloud-based machine translation tools and services are developed. Features include auto-suggest for translated segments, intelligent pre-translation with tag placement, and a real-time adaptive API offering multiple suggestions, domain adaptations, sub-segment matching, and word alignments. These capabilities support translation workflows for global enterprises.
Who are the top competitors of Lilt?
Lilt's top competitors include Synthesia, Unbabel and Reverie Language Technologies.
What products or services does Lilt offer?
Lilt offers AI Platform, Copilots & Agents, AI Expert, Human Verifiers, and Connect.
Who are Lilt's investors?
Lilt has 11 investors. Key investors include Four Rivers Group, Sorenson Capital, Clear Ventures, Sequoia Capital, and Redpoint Ventures.
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